Definition ∞ Provenance Protection refers to the mechanisms and systems designed to verify and secure the origin, history, and chain of custody for digital or physical assets. It ensures that the record of an asset’s journey from creation to its current state is accurate and tamper-proof. Blockchain technology is particularly well-suited for provenance protection due to its immutable ledger, offering transparent and verifiable historical data for various goods. This capability builds trust and combats counterfeiting.
Context ∞ Provenance protection is a growing application area for blockchain technology, particularly in supply chain management, luxury goods, and digital collectibles. The ability to verify an asset’s history on an immutable ledger helps combat fraud and establishes authenticity. Discussions focus on integrating physical goods with their digital records and establishing industry-wide standards for verifiable provenance.
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